This property might be a fair Mid-Term investment with a projected 6.23% first-year return on $56,472 initial cash invested.
6.23%
Cash On Cash
9.16%
Cap Rate
1.38
DSCR
$2,346
Rent
$293
Cashflow
Cash Flow
$2,346 income − $2,053 expenses = $293 cash flow
Investment Breakdown
|
Purchase Price
$183k
Downpayment
20.0%
Interest Rate
7.4%
Mortgage Duration
30yr.
Cash To Invest
Total
$56,472
Downpayment
20%
$36,640
Closing costs
1%
$1,832
Rehab
0%
$0
Furnishing
10%
$18,000
Cashflow
Total Income
$2,346
Total Expenses
$2,053
Mortgage P&I
43%
$1,012
Property Taxes
8%
$179
Home Insurance
3%
$64
HOA
0%
$0
Property Management
12%
$282
CapEx
4%
$94
Vacancy
3%
$70
Maintenance
4%
$94
Other
11%
$258